Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ITovate from Wemmel, company number BE0754898045, closed financial year 2025 with a result of € -5,934 after tax. For that financial year ITovate recorded a gross margin of € 32,065 and equity of € 60,673. Compared with financial year 2024, the result moved from € -330 to € -5,934. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 60,673
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,934
▼ 1696 % more loss than in 2024
Profit after tax over the fiscal year.
€ 25,170
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 58,673.
People and assets in 2025
€ 46,304
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 36,406
▼ 19% vs 2024
€ 8,842 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 29,992
▲ € 28,785 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,269
▲ 36% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,206 | € 21,961 | € 14,129 | € 32,065 | ▲ 127% |
| Profit after taxes | € 567 | € 5,341 | € -330 | € -5,934 | ▼ € 5,604 |
| Equity | € 61,596 | € 66,937 | € 66,607 | € 60,673 | ▼ 9% |
| Total debts | € 118,005 | € 89,756 | € 126,164 | € 139,196 | ▲ 10% |
| Cash | € 49,402 | € 11,645 | € 19,249 | € 25,170 | ▲ 31% |
| Retained profit | € 59,596 | € 64,937 | € 64,607 | € 58,673 | ▼ 9% |
| Bank debt | € 20,248 | € 1,573 | € 44,954 | € 36,406 | ▼ 19% |
| Balance sheet total | € 179,602 | € 156,693 | € 192,771 | € 199,869 | ▲ 4% |
Key figures of ITovate, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ITovate?
What happened at ITovate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,934. Source: NBB ↗
- New establishment in Aalst. KBO
- New establishment in Wemmel. KBO
- Start of the company according to the CBE. KBO
In short
From € 567 profit in 2022 to € 5,934 loss in 2025.
Paid € 8,281 in corporate taxes since 2022.
Best year ever: 2023, with € 5,341 profit.
A new publication or filing at ITovate? We notify you, reason included.
Follow ITovateDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ITovate are SIMON VAN DE VELDE and YANNICK THYBAUT.
Directors
According to the 2025 annual accounts
SIMON VAN DE VELDE
Director
YANNICK THYBAUT
Director
Establishments
Establishment units
Physical locations of this company
Schoolstraat 23
1780 Wemmel
Industrielaan 4
9320 Aalst
Active since 1 February 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0754.898.045
- VAT number
- BE 0754.898.045
- Registered office
- Schoolstraat 23, 1780 Wemmel
- Names & denominations
- ITovate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2020
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Ontwerpen van computerprogramma’s
Ontwerpen en programmeren van computerprogramma's